Mah Sing to achieve yearly sales target

TheStar Wed, Aug 18, 2021 08:50am - 1 year View Original

Going strong: In this file picture, visitors are seen checking out Mah Sing projects at its booth in a mall. Its net profit surged 40.3% to RM40.28mil in the first quarter due to a higher contribution from its property development segment.

PETALING JAYA: Mah Sing Group Bhd’s third-quarter (Q3) earnings may be weighed down by lockdown restrictions that have affected its construction and glove production divisions.

The nationwide lockdown had led to Mah Sing’s manufacturing plant operating intermittently in June and July. It had shutdown for two weeks in July and was operating at 60% capacity during other periods.

To recap, Mah Sing’s glove production was up and running only at end-April this year.


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